MALRX vs. WFSPX
MALRX (BlackRock Advantage Large Cap Core Fund) and WFSPX (iShares S&P 500 Index Fund) are both mutual funds - MALRX is a Large Cap Blend Equities fund managed by BlackRock, while WFSPX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, MALRX returned 15.55%/yr vs 15.46%/yr for WFSPX. Their correlation of 0.95 suggests significant overlap in exposure. MALRX charges 0.48%/yr vs 0.03%/yr for WFSPX.
Performance
MALRX vs. WFSPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MALRX achieves a 12.51% return, which is significantly higher than WFSPX's 10.87% return. Both investments have delivered pretty close results over the past 10 years, with MALRX having a 15.55% annualized return and WFSPX not far behind at 15.46%.
MALRX
- 1D
- -0.69%
- 1M
- 4.49%
- YTD
- 12.51%
- 6M
- 13.20%
- 1Y
- 33.41%
- 3Y*
- 24.42%
- 5Y*
- 13.81%
- 10Y*
- 15.55%
WFSPX
- 1D
- -0.74%
- 1M
- 4.17%
- YTD
- 10.87%
- 6M
- 10.77%
- 1Y
- 27.97%
- 3Y*
- 22.41%
- 5Y*
- 13.88%
- 10Y*
- 15.46%
MALRX vs. WFSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MALRX BlackRock Advantage Large Cap Core Fund | 12.51% | 20.30% | 25.65% | 25.62% | -20.10% | 28.00% | 19.96% | 29.16% | -5.39% | 20.30% |
WFSPX iShares S&P 500 Index Fund | 10.87% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Correlation
The correlation between MALRX and WFSPX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 1999 | 0.95 |
The correlation between MALRX and WFSPX has been stable across timeframes, ranging from 0.95 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MALRX vs. WFSPX — Risk / Return Rank
MALRX
WFSPX
MALRX vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Large Cap Core Fund (MALRX) and iShares S&P 500 Index Fund (WFSPX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| MALRX | WFSPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.43 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.90 | 3.16 | +0.75 |
| Martin ratioReturn relative to average drawdown | 19.49 | 14.75 | +4.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MALRX | WFSPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.74 | 2.37 | +0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.83 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | 0.86 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.13 | +0.33 |
Drawdowns
MALRX vs. WFSPX - Drawdown Comparison
The maximum MALRX drawdown since its inception was -54.29%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for MALRX and WFSPX.
Loading charts...
Drawdown Indicators
| MALRX | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.29% | -58.21% | +3.92% |
Max Drawdown (1Y)Largest decline over 1 year | -8.61% | -8.90% | +0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -19.61% | -18.74% | -0.87% |
Max Drawdown (5Y)Largest decline over 5 years | -26.18% | -24.51% | -1.67% |
Max Drawdown (10Y)Largest decline over 10 years | -34.30% | -33.74% | -0.56% |
Current DrawdownCurrent decline from peak | -0.69% | -0.74% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -11.40% | -12.77% | +1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 1.90% | -0.18% |
Volatility
MALRX vs. WFSPX - Volatility Comparison
BlackRock Advantage Large Cap Core Fund (MALRX) and iShares S&P 500 Index Fund (WFSPX) have volatilities of 2.95% and 2.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MALRX | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.95% | 2.92% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 9.43% | 8.99% | +0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.29% | 11.88% | +0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.35% | 16.88% | +0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.38% | 18.02% | +0.36% |
MALRX vs. WFSPX - Expense Ratio Comparison
MALRX has a 0.48% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Dividends
MALRX vs. WFSPX - Dividend Comparison
MALRX's dividend yield for the trailing twelve months is around 7.65%, more than WFSPX's 1.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MALRX BlackRock Advantage Large Cap Core Fund | 7.65% | 8.61% | 14.11% | 0.97% | 6.51% | 19.52% | 4.76% | 4.06% | 10.11% | 36.43% | 6.02% | 3.09% |
WFSPX iShares S&P 500 Index Fund | 1.58% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Frequently Asked Questions
With a correlation of 0.98, MALRX and WFSPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
MALRX has higher volatility (2.95%) compared to WFSPX (2.92%). In terms of maximum drawdown, MALRX dropped -54.29% vs WFSPX's -58.21%.
MALRX currently has the higher Sharpe Ratio (2.74 vs 2.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MALRX and WFSPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer